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on a $60 billion aid package to sandy victims and why they are scrambling now to make it right. >>> and then averting the fiscal cliff. we are going live to wall street for an update. >>> paul ryan says, quote, wasn't afraid to vote yes on the fiscal cliff deal. could that be a sign for 2016? i am wolf blitzer, and you are in the "the situation room." >>> if the gop house of representatives thought they were feeling the heat for the fiscal cliff, they did but it may have been nothing compared to what they are feeling now. the bite bg backlash coming from prominent members of their own party, they are blasting last night's decision to end the 112th congress without approving a $60 billion aid package for the thousands of victims still suffering from the super storm sandy. leading the charge, a rising star in the party, and a possible 2016 presidential contender, the new jersey governor, chris christie. >> i will not in the specifics with what i discussed with john boehner today, but there is no reason for me at the moment to believe anything they tell me because they have been t
. >> and who can forget superstorm sandy? millions of neighbors, their houses swept away without power, damages, and raising questions about infrastructure and whether we should be spending some money to fix it. >>> number five, china, is china slowing or leading the world? we do know that china will be the biggest economy in the world by 2020, for sure, by 2030. china also getting more than a few mentions during the presidential campaign's probably because it is pretty clear, china is both a competitor and a partner. >> number four, europe, the european union was fractured by debt and the plans to fix it. that saga is far from over. >>> number three, the housing market, finally, finally bottomed out. the combination of home prices and continued mortgage rates set off a building and buying spree. well-he well-heeled investors began to buy entire neighborhoods. and homeowners got more with a hefty down payment. >> and cnn predicts that barack obama will be reelected president of the united states. >> the election, more than just about obama and romney, more about socialism, and capitalism and sp
to that? there was a bill introduced by the ways and means committee in the house, sandy levin that called for this legislation. the speaker was going to bring it up to kill it but he kobt kill it and then we moved to plan b, the debacle of all debacles. it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd. he meaning the speaker. so it's very clear now, mr. president, that the speaker's number one goal is to get elected speaker on january 3rd. the house is not even here. he's told me he'll give them two days to get back here, 48 hours, not two days, 48 hours. they don't even have enough of the leadership here to meet to talk about it. they've done it with conference calls. people are spread all over this country because the speaker is basically waiting for january 3rd. now, the president campaigned on raising taxes on people making more than $250 thou,000 a year. the bush tax cut will expire at the end of this year. obama was elected with a surplus of about three million votes. he won the el
, which is going to have to be paid for. hurricane sandy relief, which is somewhere between 27 and $60 billion comes right behind it. that's newspaper new spending. the american people told us to deal with all of it. sure, we'd like lower taxes but republicans realize's that a lower tax that is only temporary because ultimately you're only borrowing the money is not lower tax. it's a tax defrl. when speaker pelosi and democrats were in charge, they used the word pay go constantly. in other words, is there an offsetting pay for what you do? president bush's tax cuts were not paid for. they were anticipated to be grown out of. these are not anticipated to be grown out of. cdo has said 3.967. in other words, $4 trillion will be added to the debt over ten years with this tax cut unless we do some spending cuts to help offset it. right now the president's still in a spending mood. we need to get him in a savings mood. >> i want to clarify, you said it was after the new year's and they were partying. are you suggesting that mitch mcconnell and fellow republicans in the senate were drunk when
of america. >> and then say good-bye to 2012 in all its moments. historical and hysterical. sandy crowley, washington. >> one of the biggest political moments playing out right now at the white house. let's go live there to the white house you november and show you what is going on. there it is. the president has made a proposal. it says if they don't have a counter proposal, the president is asking for an up or down vote in the house and the senate. picking it up from here, candy crowley will be doing "the situation room". thanks for watching. now to candy. >>> happening now, new details of the meeting between president obama and congressional leaders for what could be a last-ditch effort to avoid the fiscal cliff. >>> families in the making ripped apart. russia officially bans the adoption of russian children by americans. >>> and for the second time in a month, a man pushed to his death from a new york city subway platform in the path of an oncoming train. wolf blitzer is off. i'm candy crowley. you're in "the situation room." >>> all eyes on that white house this hour. and the meeting
factor, a spending poll says superstorm sandy hit sales in the mid-atlantic region in early november. after-christmas spending should help a bit, but the impact is limited because a lot of people using gift cards and making returns. the national retail federation says we typically return $60 billion worth of merchandise after christmas, so early indications seem to show that holiday sales are looking like the rest of the economy, growing but not outstanding. joe? >> alison kosik. >>> as it comes to a close, we remember 2012 as a year of surprises. a south korean rapper gets newfound fame thanks to youtube and rihanna and chris brown back together again? cnn's top ten showbiz stories of the year are just ahead. i spend long hours with her checking her heart rate, administering her medication, and just making her comfortable. one night britta told me about a tradition in denmark, "when a person dies," she said, "someone must open the window so the soul can depart." i smiled and squeezed her hand. "not tonight, britta. not tonight." [ female announcer ] to nurses everywhere, thank you,
Search Results 0 to 5 of about 6